Price for Albumins; Albuminates and Other Albumin Derivatives in Germany - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Germany (FOB) - 2023
- Price for Albumins; Albuminates and Other Albumin Derivatives in Germany (CIF) - 2023
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Germany
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Germany
Price for Albumins; Albuminates and Other Albumin Derivatives in Germany (FOB) - 2023
The average export price for albumins; albuminates and other albumin derivativeses stood at $8,231 per ton in October 2023, growing by 24% against the previous month. In general, the export price, however, saw a mild shrinkage. The export price peaked at $9,945 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In October 2023, the highest price was recorded for prices to Switzerland ($9,383 per ton) and Brazil ($9,208 per ton), while the average price for exports to New Zealand ($6,356 per ton) and Japan ($7,363 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Germany (CIF) - 2023
The average import price for albumins; albuminates and other albumin derivativeses stood at $455K per ton in October 2023, with an increase of 9,377% against the previous month. In general, the import price continues to indicate a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($998K per ton), while the price for Switzerland ($4,695 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Australia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Albuminates and Other Albumin Derivatives in Germany
In 2022, after three years of growth, there was decline in shipments abroad of albumins; albuminates and other albumin derivativeses, when their volume decreased by -1% to 53K tons. The total export volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%.
In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $488M in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.3 | 95.3 | 93.3 | 130 | 18.9% |
| Japan | 16.8 | 21.7 | 64.7 | 76.7 | 65.9% |
| Netherlands | 17.7 | 22.2 | 33.8 | 36.1 | 26.8% |
| United Kingdom | 24.3 | 19.6 | 25.4 | 33.8 | 11.6% |
| Poland | 8.7 | 16.5 | 34.1 | 31.8 | 54.0% |
| France | 10.0 | 13.1 | 13.2 | 27.5 | 40.1% |
| Italy | 3.5 | 4.2 | 6.3 | 15.9 | 65.6% |
| Hungary | 2.2 | 5.3 | 3.2 | 12.8 | 79.9% |
| Denmark | 7.4 | 7.7 | 2.6 | 10.8 | 13.4% |
| Austria | 3.2 | 3.6 | 4.8 | 6.2 | 24.7% |
| Belgium | 3.2 | 3.6 | 4.4 | 3.9 | 6.8% |
| Others | 57.1 | 50.7 | 87.4 | 103 | 21.7% |
| Total | 231 | 263 | 373 | 488 | 28.3% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Germany in 2022:
- China (11.1K tons)
- France (6.6K tons)
- Japan (6.4K tons)
- Poland (4.5K tons)
- Italy (3.6K tons)
- Netherlands (3.4K tons)
- United Kingdom (2.8K tons)
- Belgium (2.0K tons)
- Denmark (1.5K tons)
- Austria (1.4K tons)
- Hungary (1.0K tons)
Imports of Albumins; Albuminates and Other Albumin Derivatives in Germany
In 2022, overseas purchases of albumins; albuminates and other albumin derivativeses decreased by -3% to 21K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 1%. As a result, imports reached the peak of 22K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $182M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 39.2 | 46.4 | 74.9 | 89.1 | 31.5% |
| Denmark | 18.1 | 15.7 | 20.0 | 15.3 | -5.4% |
| Lithuania | 7.8 | 5.9 | 9.3 | 15.2 | 24.9% |
| Italy | 2.0 | 2.4 | 6.3 | 12.6 | 84.7% |
| Poland | 4.8 | 6.0 | 6.2 | 11.4 | 33.4% |
| United States | 30.6 | 22.4 | 7.9 | 8.3 | -35.3% |
| United Kingdom | 2.8 | 6.1 | 5.5 | 6.8 | 34.4% |
| Austria | 4.4 | 3.5 | 2.3 | 6.3 | 12.7% |
| Ireland | 4.0 | 2.3 | 3.2 | 5.6 | 11.9% |
| Others | 7.7 | 7.7 | 9.7 | 11.8 | 15.3% |
| Total | 121 | 119 | 145 | 182 | 14.6% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Germany in 2022:
- Netherlands (9.4K tons)
- Italy (3.8K tons)
- Denmark (2.0K tons)
- Austria (1.4K tons)
- Poland (1.3K tons)
- Lithuania (1.1K tons)
- United Kingdom (1.0K tons)
- Ireland (0.4K tons)
- United States (0.3K tons)
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